El Salvador’s Bitcoin Gamble Pays Off Big Time: Nets $100M Yield in 24 Hours

With Bitcoin trading at an all-time high, El Salvador is sitting on an unrealized profit of nearly $300 million from its Bitcoin investment strategy. Over the past two years, President Nayib Bukele has directed daily purchases of 722 BTC, acquiring them at an average price below $42,000. El Salvador’s decision to invest in Bitcoin through The post El Salvador’s Bitcoin Gamble Pays Off Big Time: Nets $100M Yield in 24 Hours appeared first on Coin Edition .

Source: Coin Edition